895 American LnSchaumburg, IL 60173

  • Industrial properties
  • 1.48 AC
For Lease
$12.50/SF/YR View listing

Property Details for 895 American Ln

Year built
2006
Lot size
1.48 AC
Property type
Industrial properties
APN
07-14-200-044
APU
714200044

Description

This exceptional single-tenant property, located at 895 American Ln in Schaumburg, IL, offers 26,121 square feet of combined office and warehouse space within the prestigious Woodfield Lake Business Campus. The building, constructed in 1980 and renovated in 2015, features a spacious single-story design with an 18-foot ceiling height. The layout includes 14,500 square feet of custom-finished office space (55%) and 11,621 square feet of warehouse space (44%), complemented by indirect lighting throughout the office area and a state-of-the-art HVAC system. Loading is facilitated by two loading docks and one drive-in door. The 2.25-acre lot provides ample space for potential expansion, and the property boasts professional landscaping. Situated in Cook County (APN: 07142000440000) and zoned B-3, this location offers unparalleled convenience, less than a mile from Woodfield Mall and a short distance from the 90 North District entertainment hub. Easy access to I-90 and I-290, along with proximity to O'Hare International Airport (under 15 miles) and downtown Chicago (approximately 30 miles), makes this a highly desirable location for businesses seeking a blend of office and warehouse functionality in a prime suburban setting.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $13,324,059
    Hospitality
    $12,204,767
    Educational
    $10,154,223
    Medical
    $10,503,442
    Retail
    $15,795,457

Location Insight

City
Schaumburg
County
Cook
State
Illinois
Latitude
42.0471
Longitude
-88.0578
CBSA code
16980
CBSA name
CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$34,124
$51,716
$73,904
$125,620
-
$206,864
$295,616
$502,480

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